Precede Capital provides £10.4 million Bridge Loan for historic Surrey residential scheme
Precede Capital Partners has originated a £10.4 million bridge loan to Private Investor Group incl Healey Real Estate, supporting the refinancing of existing debt and enabling procurement for the next phase of a landmark residential development in Wonersh, near Guildford. The transaction was completed in partnership with LCM.
The Development
The financing supports the transformation of the Grade II listed St John’s Seminary into a vibrant 52-unit residential community. The scheme offers a carefully curated mix of apartments, townhouses, and detached houses, combining sensitive heritage-led restoration with thoughtfully designed new-build homes. All new-build elements are being developed to achieve carbon-neutral performance, reflecting the developer’s strong sustainability ambitions and responding to growing demand for energy-efficient housing.
An Exceptional Setting
Located in the sought-after village of Wonersh within the Surrey Hills Area of Outstanding Natural Beauty, the development sits just 15 minutes from Guildford. The combination of architectural heritage, sustainable design, and premium rural living positions this as one of the most distinctive residential offerings in the region.
In Their Own Words
“We are delighted to support Private Investor Group incl Healey Real Estate and the wider borrower group on this thoughtful redevelopment of an iconic heritage asset. The scheme blends architectural preservation with forward-looking, carbon-neutral design — exactly the kind of responsible, high-quality development the UK needs more of. Our facility ensures the project can move forward with confidence, and we are proud to play a role in bringing these exceptional new homes to the Surrey market.”
Randeesh Sandhu, Co-Founder and CEO, Precede Capital
